Allspring Multi-Sector Income Fund (ERC)
| Market Value | 253.58M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 28.07M |
| EPS (ttm) | 0.72 |
| PE Ratio | 12.54 |
| Forward PE | n/a |
| Dividend | $0.79 (8.73%) |
| Ex-Dividend Date | May 10, 2024 |
| Volume | 107,926 |
| Open | 9.03 |
| Previous Close | 9.03 |
| Day's Range | 9.02 - 9.08 |
| 52-Week Range | 8.51 - 9.74 |
| Beta | 0.70 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ERC
Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds. Allspring Multi-... [Read more]
News
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C. , April 26, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities ...
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Announces Change to Investment Strategy Guidelines for two Closed-End Funds
CHARLOTTE, N.C. , Feb. 22, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and H...
Allspring Announces Change to Multi-Sector Income Fund Portfolio Management Team
CHARLOTTE, N.C. , Feb. 21, 2024 /PRNewswire/ -- Effective March 1, 2024, Alex Perrin is retiring from Allspring, and will be removed as a portfolio manager for the Allspring Multi-Sector Income Fund (...
Allspring Closed-End Funds Adopt Amended and Restated By-Laws
CHARLOTTE, N.C. , Dec. 21, 2023 /PRNewswire/ -- The following Allspring closed-end funds announced today that the Board of Trustees for each Fund has approved the adoption of their respective Amended ...
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C. , Nov. 15, 2023 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and H...
Closed-end funds advised by Allspring Funds Management renew share repurchase programs
CHARLOTTE, N.C. , Nov. 15, 2023 /PRNewswire/ -- The following four Allspring closed-end funds announced today that they will renew their open-market share repurchase programs: Allspring Global Dividen...
Allspring Multi-Sector Income Fund Announces Change to Managed Distribution Plan
CHARLOTTE, N.C. , Aug. 17, 2022 /PRNewswire/ -- The Allspring Multi-Sector Income Fund (NYSE American: ERC), a closed-end fund, announced today that the fund's Board of Trustees has approved a change ...
Ride Out The Crash With These 11.8% Dividends
I know this inflation-panicked market is frustrating, but despite the endless doomsaying from the pundits, there is good news.
Allspring Announces Change to the Allspring Multi-Sector Income Fund Portfolio Management Team
CHARLOTTE, N.C., Feb. 22, 2022 /PRNewswire/ -- Allspring Global Investments announced today that Peter Wilson will retire from the firm.
Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C., Nov. 12, 2021 /PRNewswire/ -- The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), the Wells Fargo Utilities ...
Results of Special Shareholder Meetings of Wells Fargo Closed-End Funds
SAN FRANCISCO--(BUSINESS WIRE)--In connection with the proposed sale by Wells Fargo & Company of Wells Fargo Asset Management (WFAM) to a holding company affiliated with private funds of GTCR LLC and ...
Wells Fargo Closed-End Funds Announce Change of Date of Special Meeting of Shareholders
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Asset Management (WFAM) today announced that the Wells Fargo Income Opportunities Fund (NYSE American: EAD), Wells Fargo Multi-Sector Income Fund (NYSE Amer...
Wells Fargo Closed-End Funds Announce Board Approval of New Investment Advisory and Sub-Advisory Agreements
SAN FRANCISCO--(BUSINESS WIRE)--Each fund listed below has announced that its Board of Trustees has approved a new investment advisory agreement and new sub-advisory agreement(s), and has announced re...